Fund your Education with NBS loan facility

Prepared with your mind, funds and freedom, the future is yours.

Ready, Set, Fund Your Education

Worried about how to pay the high fees for your dream PGDM / MBA programme? Don't let money stand in the way of focussing on your studies.

Welcome to Narayana Business School with the highest return on investment.

We have a dedicated team to help you, avail your Education loan from nationalised banks at minimum cost & without any hassle at your door step.

One of the most post popular courses of the 21st Century, the PGDM / MBA is a favoured choice for many. Finance, Consultancy, Marketing, Banking and Information Technology are among the specializations offered. Myriad job options, illustrious futures and heavy pay-packets lie ahead. If you have the capability and cleared admission, don't let financial issues become a thorn in your path. Money from wealthy parents is not necessary, depending on the few and far-between scholarships is not a must, Bank Loans can give you the self-satisfaction of independence and your desired career.

The first step is to assess the loan requirement. You should consider the Tuition Costs, Residential Costs (if you will be living separate from your parents) and prepare for any unexpected costs.

Bank Loans for under Rs. 4 Lac do not require security deposits/margins, from Rs. 4 Lac to Rs. 7.5 Lac a third party guarantee (signature from parent/uncle/aunt/relative) is required and for education loans above Rs. 7.5 Lac collateral would be required.

Generally, for studies within India, Rs. 10 Lac is the maximum education loan amount, however it may vary from bank to bank. Both Nationalized and Private Banks offer educational loans but Indian Nationality is a must for both.

Points to consider while selecting a bank for an education loan:

  • Tenure - How much time will you be given to repay the loan? Estimate your ability to pay the required amount at the required times.
  • Interest Rates - How much interest will be charged on your loan? Will it be calculated as Simple Interest or Compound Interest? Will it be fixed interest or floating interest i.e. will the interest amount change according to the market trends or will it remain constant throughout?
  • Down payment - How much money needs to be paid at the time of receiving the loan?
  • Loan Charges - Each Bank charges a certain fees or 'processing amount' for giving the loan
  • Collaterals or guarantees required.
  • Maximum repayment time - Repayment usually starts 6 months to 1 year after the completion of the course, however maximum time for repayment of the loan is generally 5 to 7 years.
  • Pre-Payment Charges - If you repay the loan earlier will any charges be applied?
  • Loan Availability - How soon would you receive the money from the loan?

Education Loans require a fair amount of paperwork, so it's important to keep your papers in order.

Documents required for education loans are:

  1. Proof of admission to the course
  2. Mark sheet of last qualifying examination
  3. Schedule of expenses for the course
  4. Statement of Bank account for the last six months of borrower
  5. Income tax assessment order not more than 2 years old (yours or parents)
  6. Brief statement of assets and liabilities of borrower.
  7. If you are not an existing bank customer you would also need to establish your identity and give proof of residence.

Other specific requirements are asked by the individual banks.

Prepared with your mind, funds and freedom, the future is yours. Ready, Set, Go for Admission Today!
News and Events
  • Mentorship: One to One, Interaction with Mentors-NBS on 7th July 2016
  • Workshop on "Leadership Skills", by Director NBS on 7th July 2016
  • Seminar on Unlocking success Mantras - "10 Secrets to success" on 8th July 2016
  • Workshop on "Smart Student" as we believe in "Smart Work"9th July 2016
  • Workshop on "Corporate Culture and Business Ethics"- Corporate Interface Day-I on 10th July 2016
  • Workshop on "Corporate Personality Development"- Corporate Interface Day-II on 11th July 2016
  • Seniors-Juniors interactive session & Planning of the Grand Welcome Party 12th July 2016
  • Grand Welcome to 2016 MBA & BBA students through Fresher’s Party- The Rolling Stones organized at Rewind-The Disc 9th Aug 2016
  • Speaker Session by the leading Industrialist on "Entrepreneurship" on 30th Aug 2016
  • Workshop on Psychometric test through situational role plays on 4th Aug 2016
  • Display and Presentation of Unique Business Model's prepared by student on 5th Sep 2016
  • Live project on Travel and Tourism Fair- 2016 based on planning and organizing concept on 15th Sep 2016
  • CEO week to enhance the industrial interface of the students in Sept 2016
  • Workshop on Colour Communication on 25th Sep 2016
  • "Book Review"-for display of student's own ideas on different Management topics on 4th Oct 2016
  • NARAYANA’S "Navli Navratri"- the traditional Garba fest on 7th Oct 2016
  • "Movie analysis"- the shot-by-shot analysis to understand the management lessons behind the same on 15th Oct 2016
  • Workshop on EIC frame work on 24th Oct 2016
  • Pre-placement Preparations week from 5th Nov 2016
  • Campus Placement begins for MBA 2015-2017 batch on 15th Nov 2016
  • Brands coming in for Campus: Citi Bank, Yes Bank, Indusind Bank, Kotak Bank, Vodafone, Berger paints, Airtel, NJ Wealth, SNL Financial, XL Dynamics, Paper Chase Accountancy, Pi Square, Navratna Developers, Magnanimous Infra, De Cathalone, Gateway Technolabs, Apt Business Services, RBSA Advisors and many more still coming...
  • Business Plan Competition on 15th Dec 2016
    • College Culfest- "Indradhanush-2017" from 28th Dec -31st Dec 2016
    • Summer Internship Interviews Scheduled at NBS campus from 15th Mar-30th Mar 2017
    • Corporate Interface for developing Practical Skills through Live Internship Program 1st Apr 2017 to 31st May 2017